Ankara's new metro lines raise house prices

Ankara's new metro lines raise housing prices: Housing prices around the newly built metro lines in Ankara, the capital city, have risen. Emlakjet.com conducted a detailed research regarding the dynamism in Ankara housing market. According to the research conducted by emlakjet.com, investors who bought houses, seeing that long distances will shorten with the construction of the metro in Ankara, gained high profits thanks to the appreciation created by other social facilities that were built rapidly in the region.
In the study, the regions located on the Batıkent-Sincan / Törekent line, which was built as a continuation of the Kızılay-Batıkent metro, are specified as the first places to be valued. According to the analysis, while housing prices in Eryaman increased by 2011 percent in 12, 2012 percent in 14, and 2013 percent in 17, it is emphasized that with the opening of the line in 2014, there was a 19 percent increase in sales and a 23 percent increase in rents.
- "ERYAMAN IS THE TOP OF THE MOST VALUED PLACES" -
Okan Arı, General Manager of emlakjet.com, gave the following information about the places valued in Ankara:
“The regions located on the Batıkent-Sincan / Törekent line, built as a continuation of the Kızılay-Batıkent metro, appear as the first places to be valued. Eryaman comes first among these places. The activity that started in the real estates in this region starting from 2011, when the construction accelerated, gained momentum in 2013, when the construction was approaching to an end. While housing prices in Eryaman increased by 2011 percent in 12, 2012 percent in 14, and 2013 percent in 17, we see an increase of 2014 percent in sales and 19 percent in rents with the opening of the line in 23. The increase in prices is expected to increase even more with other housing and shopping mall projects built with the line opened for use. Real estates in Batıkent, the environs of Istanbul Road, Eryaman, Fatih and Törekent on this line seem to be suitable alternatives for investors.
- "THE NUMBER OF REAL ESTATES THAT CAN BE TAKEN FOR INVESTMENT PURPOSES HAS INCREASED" -
According to the research, the housing developments in Eskişehir Road and the surrounding areas on the Kızılay-Çayyolu metro line, which are still under construction, have made the region valuable in a short time. According to the analysis, the average square meter prices, which were 10 TL in 2011, started to be the regions where the middle class and higher resided with 200 TL in 2013. According to the data of emlakjet.com, the number of real estates that can be purchased for investment purposes has increased considerably around Çayyolu, Beytepe, Ümitköy, Bilkent, METU, Beysukent, Yaşamkent and Eskişehir.
- "KEÇİÖREN IS ONE OF THE REGIONS THAT IS RAPIDLY EVALUATED" -
According to the research of emlakjet.com, another rapidly gaining value is Tandoğan, another line under construction, and Keçiören due to the Keçiören metro line. Arı said that Keçiören, whose housing prices are quite reasonable with 3 TL square meter price for 1 + 1115 apartments, is seen as a very suitable option for investors because it will provide high profit margin with the increase it will experience in the future for this very reason. Arı said, “While the mobilization in Ankara real estate markets is mostly shaped around the subway lines that are being built or recently put into service, real estates continue to protect their value in districts such as Ulus, Kurtuluş, Cebeci, Kolej, Küçükesat and Ayrancı in the central regions of Ankara. .

 

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